Part of finding the best insurance plan for your business is having the right broker. Along with simplifying the process of choosing the right provider, brokers are determined to find coverage well-suited to your immediate and long-term needs. Here are some additional benefits they provide.

What Services Does an Insurance Broker Provide?

1. Dedicated Service

Because the needs of employees are constantly changing, it’s important your broker gives you accessible information on short notice. Brokers should be able to give assistance on how to use your coverage, changing dependents, and handle new enrollments and terminations. It’s also important for them to provide you with an assigned benefits representative to answer questions when they’re not available.

2. Unbiased Plans

Brokers should be impartial when it comes to shopping the market. Your broker should create a portfolio of health insurance options prior to open enrollment that suits your business’s needs. To make the choice easier, they should also offer competitive data to help you determine the best plans for your budget and coverage goals.

3. Claims Assistance

Filing an insurance claim is intimidating if you’ve never had to fill one out before. Fortunately, brokers can help submit them to your insurer and monitor their progress to ensure a timely settlement payout. They can also act as advocates during the claims process and discuss the case with the provider if it’s denied or delayed.

4. Compliance Assurance

Your broker should ensure your benefits are following federal and state mandates. They have extensive knowledge of current and pending regulations, which will help you develop benefits that are compliant with possible legislation. Brokers can also help you avoid costly penalties and fees by keeping tabs on evolving regulations.

 

For an insurance agency that goes above and beyond and always makes sure you have the right product, contact Gwen King Insurance. Serving Nevada, Utah, and Idaho since 2000, the locally owned and operated business strives to find the right dental, vision, health, and life insurance that suits your employees’ needs. They’re also available to help with 401(k) and IRA rollovers. To schedule a consultation, call (385) 347-2172.